By using new panel data for a sample of Bulgarian firms that comprises both state-owned and privatized firms (including new private firms), evidence is presented on the potential impact of ownership and age of the firm on diverse issues concerning corporate governance and executive compensation...

This volume of Advances in the Economic Analysis of Participatory and Labor-Managed Firms consists of twelve original and innovative articles. The first four papers relate to the growing literature on employee participation and firm performance. The second group of papers looks at the impact of...

We estimate probit models to investigate the determinants of the incidence of four performance-based compensation schemes - employee share purchase plans, profit sharing, cash bonuses, and productivity gainsharing - using a sample of private sector Canadian firms. Bivariate probit models are...